California AB402 amends the Cal Grant Program to rename award types and adjust award amounts for various institutions.

California AB402 revises the Cal Grant Program by renaming award types to "Cal Grant A Entitlement Awards," "Cal Grant B Entitlement Awards," and others. It specifies award amounts for students at different types of institutions, including independent institutions, private for-profit postsecondary educational institutions, and for Cal Grant C and T awards. The bill also sets a target number of new unduplicated transfer students accepted by independent institutions of higher education who have been given associate degree for transfer commitments.

California AB402 amends the Cal Grant Program to rename award types and adjust award amounts for various institutions.

California AB402 revises the Cal Grant Program by renaming award types to "Cal Grant A Entitlement Awards," "Cal Grant B Entitlement Awards," and others. It specifies award amounts for students at different types of institutions, including independent institutions, private for-profit postsecondary educational institutions, and for Cal Grant C and T awards. The bill also sets a target number of new unduplicated transfer students accepted by independent institutions of higher education who have been given associate degree for transfer commitments.